Rubio’s Coastal Grill Permanently Closes 48 Restaurants in California Amid Recent $20 Wage Mandate

Rubio’s Retreat: Why 48 California Restaurants Closed Amid Rising Costs

Rubio’s Coastal Grill, a popular fast-casual taco chain in California, has permanently closed 48 of its restaurants, attributing the decision ...

Tampa's Famous Brocato's Sandwich Shop Fights to Stay Open Despite Bankruptcy Challenges

Tampa’s Famous Brocato’s Sandwich Shop Continues to Operate Despite Chapter 11 Bankruptcy Filing

by Prashant Chaudhary

May 21, 2024

Brocato's Sandwich Shop, a cornerstone of Tampa, Florida's culinary scene for nearly eight decades, recently declared Chapter 11 bankruptcy, marking ...

Fisker Austria Faces Financial Crunch What's Next for the Electric SUV Maker

Fisker Austria’s Insolvency Adds Complexity to Turbulent EV Market, Affecting Electric SUV Production

by Prashant Chaudhary

May 16, 2024

The electric vehicle sector is facing another jolt as Fisker Austria, the Austrian arm of the American EV pioneer Fisker, ...

Fisker Faces Tough Times Inside the Electric Car Maker's Latest Layoffs and Cash Crunch

Fisker Initiated the Latest Layoffs Due to a Financial Crunch and Preserve Current Cash in Hand

by Prashant Chaudhary

April 30, 2024

Just one week after alerting investors about the necessity of cutbacks, Fisker Inc., known for its ambitious electric SUV, the ...

Tag: financial struggle